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details ahead. >>> looking over the fiscal cliff, is a last second deal even possible? >> kim kardashian and kanye west expecting a baby. new year's eve preps and the new york giants open their hearts to the families of newtown, connecticut. >>> very good morning. nice to see you this morning. we begin with secretary of state hillary clinton in the hospital. clinton was admitted to new york presbyterian hospital after the discovery of a blood clot stemming from a consuggestion so suffered earlier this month. she's being treated with blood thinners and doctors will northern the medication over the next two days. the 65-year-old clinton fell and suffered a concussion when she fainted while home alone in mid-december as she recovered from a stomach virus that left her severely dehydrated. she planned to return network this week. it's crunch time on capitol hill. senate and house negotiators have a few crucial hours to come up with a compromise to avert the looming financial mess. if they don't here's what will happen. everyone's tax rates will go up. $1.2 trillion in feder
details ahead. >>> looking over the fiscal cliff, is a last second deal even possible? >> kim kardashian and kanye west expecting a baby. new year's eve preps and the new york giants open their hearts to the families of newtown, connecticut. >>> very good morning. nice to see you this morning. we begin with secretary of state hillary clinton in the hospital. clinton was admitted to new york presbyterian hospital after the discovery of a blood clot stemming from a...
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Dec 27, 2012
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but when you look at the polling even on the fiscal cliff stuff, president obama, rochelle, on a new poll, 54% approve of his handling of the fiscal cliff. only 26% support joan boehner. so the politics of it is not even working for them. they're purists, but they're not being practical, even politically. everyone as they don't stand for what you and i may think is the right thing. they're not even being practical about this. >> well, with taxes, it's so complicated because the republican party has basically got taxation at the heart of its ideology. so what they're almost in a position -- they've force ed ths into a corner where what they almost sl to do is let the cliff kick in so that then they can vote to go back and reinstate some tax cuts as opposed to somehow translating any kind of vote they take, you know, grover nordquist was going to stand up and say they raised taxes on the wealthy. at this point, they've got the situation so backwards, that they're going to have to let the cliff kick in. >> let me ask you this quickly. we've got some good economic news yesterday. weekly
but when you look at the polling even on the fiscal cliff stuff, president obama, rochelle, on a new poll, 54% approve of his handling of the fiscal cliff. only 26% support joan boehner. so the politics of it is not even working for them. they're purists, but they're not being practical, even politically. everyone as they don't stand for what you and i may think is the right thing. they're not even being practical about this. >> well, with taxes, it's so complicated because the republican...
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Dec 29, 2012
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we've got three days to go until we go off that cliff, the fiscal cliff. new today one key congressman is giving us a sober status report of where things are. >> i think there is a sense of urgency, t.j., just because of where we are. we're right at the deadline. as a matter of fact, it looks like we will be here on new year's eve and possibly new year's day. they've already alerted us, members of the house, to look at the possible way of doing that. >> at this hour, senate leaders are scrambling to piece together a last-minute deal to avoid middle class tax hikes and possibly delay steep spending cuts. both sides weighing inned to. >> congress can prevent it from happening if they act now. leaders in congress are working on a way to prevent this tax hike on the middle class, i believe we may be able to reach an agreement that can pass both houses in time. >> republicans hope to work across the aisle to solve these and other critical challenges facing america in the new year. divided government is a good time to solve hard problems. and in the next few day
we've got three days to go until we go off that cliff, the fiscal cliff. new today one key congressman is giving us a sober status report of where things are. >> i think there is a sense of urgency, t.j., just because of where we are. we're right at the deadline. as a matter of fact, it looks like we will be here on new year's eve and possibly new year's day. they've already alerted us, members of the house, to look at the possible way of doing that. >> at this hour, senate leaders...
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Dec 29, 2012
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. >>> new year's resolution? will a last-minute fiscal cliff deal get done? and if it does what will it look like. >>> we have a deal. we may still get hit with an automatic tax hike. how much will that cost you? in time for the new year, a new snowstorm headed to the northeast. we'll let you know how bad this will get. and the yore in review, up with of the most unique and appalling takes on the year in review. good morning to you all. welcome to weekends with alex witt. no alex today. taking a much deserved weekend off. i'm t.j. holmes, good to be with you. new this morning, president obama outlining his course of action if we all go off the cliff. >> if an agreement isn't reached on time, then i'll urge the senate to hold an up-or-down vote on a basic package that protects the middle class from an income tax hike, extends vital unemployment insurance for americans looking for a job and lays the ground work for more economic growth and deficit reduction. >> the president is optimistic that a deal can be reached midnight on new year's eve. listen to senate m
. >>> new year's resolution? will a last-minute fiscal cliff deal get done? and if it does what will it look like. >>> we have a deal. we may still get hit with an automatic tax hike. how much will that cost you? in time for the new year, a new snowstorm headed to the northeast. we'll let you know how bad this will get. and the yore in review, up with of the most unique and appalling takes on the year in review. good morning to you all. welcome to weekends with alex witt. no...
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Dec 31, 2012
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we do have a new congress coming back in. we keep talking about the so-called fiscal cliff. there are consequences for inaction if that countdown clock gets to zero and there's no deal and no deal has been reached. >> jonathan, thank you. to your point, it's remarkable to me that what we're debating is exactly what we were debating six months ago. it's not as though something has happened recently. this is the debate we've been having or the debate we haven't been having making it all the more remarkable that we have a countdown clock for it. thank you. >> that's right. >> a deal on the fiscal cliff may be at hand, but there's still a lot to do, and not a lot of time to do it. delaware democratic senator chris kuhns. thank you for taking the time. i want to talk about something first that your colleague tom hashi harken said on the senate floor. let's come back and talk about it. >> it looks like all of the taxes will be made permanent, but all of the other things that the middle class and america really depends on. one year or two years at the most, but the tax system is ma
we do have a new congress coming back in. we keep talking about the so-called fiscal cliff. there are consequences for inaction if that countdown clock gets to zero and there's no deal and no deal has been reached. >> jonathan, thank you. to your point, it's remarkable to me that what we're debating is exactly what we were debating six months ago. it's not as though something has happened recently. this is the debate we've been having or the debate we haven't been having making it all the...
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Dec 27, 2012
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it's convenient because there's a news hook for the fiscal cliff for january 1st and calling this now b.c. before cliff, and coming back after january 1st and a.c. and talking about the same level of what do we do about the issues? because even though we're focused on a deal -- >> right. >> -- the reality here is there are spending and revenue issues irrespective of a deal not solving them by midnight on december 31st and talking about a suite for issues for many months and the debt ceiling raising this yet again in a different form but taxes are going up nominally on january 1st. >> why not call the house back? what's the thinking here in not at least having the 435 me believes of the house of representatives in d.c. and other business they could be handling and politically, when's the thinking here? >> are you asking me to act rationally on behalf of john boehner? i have to tell you something, i cannot figure out this man's thinking. here's point number one. every poll shows that americans blame republicans in the house more than the president going over the cliff. why is it in thei
it's convenient because there's a news hook for the fiscal cliff for january 1st and calling this now b.c. before cliff, and coming back after january 1st and a.c. and talking about the same level of what do we do about the issues? because even though we're focused on a deal -- >> right. >> -- the reality here is there are spending and revenue issues irrespective of a deal not solving them by midnight on december 31st and talking about a suite for issues for many months and the debt...
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thank you. >> have a good new year. >>> the possible fiscal cliff isn't the only thing happening at the stroke of midnight. more than 400 new laws take effect. some have a major impact including in new hampshire partial birth abortions will be banned. same sex couples will be able to marry in maryland. also registered sex offenders in illinois will no longer be able to dress up like santa or the easter bunny and will not be allowed to hand out candy on halloween. then there are some laws that just make you kind of go, hum. it will now be illegal for employers to require or request social media passwords in several states including maryland, new jersey, and delaware. motorcyclists in illinois can now run a red light if that light fails to change. in florida, your swamp buggy will no longer be considered a motor vehicle. >>> it is about 50/50 right now. i obviously would like to see a deal that would avoid the cliff but it depends on the content of the deal. >> it's a shame and disgrace that we are where we are. the american people are fed up first of all with this process. secondly, with
thank you. >> have a good new year. >>> the possible fiscal cliff isn't the only thing happening at the stroke of midnight. more than 400 new laws take effect. some have a major impact including in new hampshire partial birth abortions will be banned. same sex couples will be able to marry in maryland. also registered sex offenders in illinois will no longer be able to dress up like santa or the easter bunny and will not be allowed to hand out candy on halloween. then there are...
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Dec 27, 2012
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in order to resume talks on the fiscal cliff. there are just five days remaining to strike a deal. we'll get to all that in a moment, but first, we begin with a massive winter storm that made holiday travel miserable for millions of americans, including me! winter storm euclid -- what, are we naming snowstorms now? euclid. you can lid? well, euclid blanketed much of the eastern half of the country yesterday, dropping blizzard-like conditions and record snowfall in the midwest, and by late afternoon, euclid moved northeast, bringing traffic to a standstill, forcing the cancellation of more than 1,500 flights on one of the busiest travel days of the year. the weather channel's mike seidel has more on the massive christmas storm. >> reporter: a major snowstorm has dumped over a foot of snow across parts of the midwest. indiana got hit hard. high winds adding to the misery there. >> it's a lot better with the four-wheel-drive, but it, yeah, it's definitely a doozy out there. >> reporter: and there's lots of snow in little rock, too.
in order to resume talks on the fiscal cliff. there are just five days remaining to strike a deal. we'll get to all that in a moment, but first, we begin with a massive winter storm that made holiday travel miserable for millions of americans, including me! winter storm euclid -- what, are we naming snowstorms now? euclid. you can lid? well, euclid blanketed much of the eastern half of the country yesterday, dropping blizzard-like conditions and record snowfall in the midwest, and by late...
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Dec 29, 2012
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they may have the political advantage of this deal, but the fiscal cliff could tip the country back into a recession. consumers are worried they'll start to pick up on the news and once it hits their paychecks they'll definitely feel it. >> do you think the consumers are paying as close attention as we'd like to think that they are. i think they are even though it's holiday time and going back to businesses and i was at the white house when president obama had a series of businesses with small business and big business owners and all of them had the same message. we want consumer confidence to remain strong and we want certainty for our businesses and even a ceo like lloyd blankfein of goldman sachs was out there and said he doesn't want taxes to go up on anybody, but compromise is the order of the day and from congress for business leaders. >> david jackson, you mentioned the white house has the political upper hand here. do you think if a new deal is reached that they maintain the political upper hand going into january and going into february as the debt limit negotiations start? >> t
they may have the political advantage of this deal, but the fiscal cliff could tip the country back into a recession. consumers are worried they'll start to pick up on the news and once it hits their paychecks they'll definitely feel it. >> do you think the consumers are paying as close attention as we'd like to think that they are. i think they are even though it's holiday time and going back to businesses and i was at the white house when president obama had a series of businesses with...
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>>> maybe eight days and counting before a fiscal cliff. will a shift too the senate save the day? then paradise lost. will president obama leave hawaii behind the day after christmas if a deal is in the works and the election hangover. new comments from one of mitt romney's sons that you might describe as puzzling. what do they really mean? and the gun battle rages on. new reports on why nothing may get done even after the sandy hook tragedy. >>> a massive tax hike and spending cuts -- republicans and democrats continue to point fingers in opposite directions, hinting that talks could go into the new year. >> are we going over the cliff? >> i believe we are, and i think the president is eager to go over the cliff for political purposes. he senses a victory at the bottom of the cliff. >> we only have nine days left here. when are we going to get serious about actual solutions? i would welcome john to tell me. he says he wants a solution. give us one, john. >> meanwhile, president obama is spending christmas in hawaii where he and the first lady attended the holiday memorial service
>>> maybe eight days and counting before a fiscal cliff. will a shift too the senate save the day? then paradise lost. will president obama leave hawaii behind the day after christmas if a deal is in the works and the election hangover. new comments from one of mitt romney's sons that you might describe as puzzling. what do they really mean? and the gun battle rages on. new reports on why nothing may get done even after the sandy hook tragedy. >>> a massive tax hike and...
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Dec 26, 2012
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nbc news learned president obama may cut short his holiday vacation in hawaii to resume fiscal cliff talks. the president could return to washington as soon as tomorrow. >>> a dangerous situation in gulf states where tornadoes touched tonight. this one in mobile, alabama. authorities in louisiana also reporting numerous injuries and extensive damage. >>> and queen elizabeth took her annual christmas day message to a new level this year. she delivered it in 3-d for the very first time. now back to "caught on come ra." >>> welcome back to "caught on camera." i'm contessa brewer. so far we've seen thrillseekers take some calculated risks and pay the price for their daring. but what happens in a much more ordinary setting when a father makes a terrible choice? an intoxicated dad makes his 9-year-old daughter his designated driver. >> listen, we're leaving, and she's driving. i'm drunk. >> i froze, when i saw her drove off. i mean, i was stunned. >> the citgo gas station in brownstown, michigan, on telegraph road is a busy place with customers coming and going at all hours of the day and
nbc news learned president obama may cut short his holiday vacation in hawaii to resume fiscal cliff talks. the president could return to washington as soon as tomorrow. >>> a dangerous situation in gulf states where tornadoes touched tonight. this one in mobile, alabama. authorities in louisiana also reporting numerous injuries and extensive damage. >>> and queen elizabeth took her annual christmas day message to a new level this year. she delivered it in 3-d for the very...
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cliff into flux because, as we have been discussing, a brand new congress is sworn in on thursday. the senate has said they're not likely to take up anything the house does to begin with and if the new congress is sworn in, the legislative slate is wiped clean and we start over. and there is mayhem and chaos surrounding markets and anger, if there can be any more anger and frustration toward washington because people's paychecks will be checked at a higher rate. let's review what's happened in the last ten days. john boehner and eric cantor put their plan "b" on a friday on the floor 69 house of representatives. it set the income threshold at $1 million over which you would be taxed at a higher rate. they wanted to do that because you simply can't beat something with nothing. they wanted to have something to send over to the senate to negotiate with in addition to what they had sent over last summer which was pretty much a nonstarter that they had recognized. that crashed and burned and went down in flames at which point john boehner said, look, it's up to the senate. they can nego
cliff into flux because, as we have been discussing, a brand new congress is sworn in on thursday. the senate has said they're not likely to take up anything the house does to begin with and if the new congress is sworn in, the legislative slate is wiped clean and we start over. and there is mayhem and chaos surrounding markets and anger, if there can be any more anger and frustration toward washington because people's paychecks will be checked at a higher rate. let's review what's happened in...
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initiative, calling on elected officials to unite on the solution to the fiscal cliff. employees in the washington area starbucks will write the message on customers' cups, urging leadership from congress. aol is also joining the effort by sharing the come together message across its network of hyperlocal websites called patch. you know, this is really a terrific thing. it's a lot of extra work for the employees in all the starbucks, but it's a terrific thing just to remind people -- not that they need reminding -- that we are represented by incompetence in washington. >> it's true. it's very howard schultz, the ceo, who has used his platform of one of the largest companies in the world to push a message or do what's good for the greater good. a couple years ago during the jobs crisis, if you remember, he did a program where you could donate $5, get a bracelet, and it would go towards a fund to lend to businesses to get jobs going. also gives all of his employees health care benefits and has risk investors for doing that. this is very -- this was very, you know, in line
initiative, calling on elected officials to unite on the solution to the fiscal cliff. employees in the washington area starbucks will write the message on customers' cups, urging leadership from congress. aol is also joining the effort by sharing the come together message across its network of hyperlocal websites called patch. you know, this is really a terrific thing. it's a lot of extra work for the employees in all the starbucks, but it's a terrific thing just to remind people -- not that...
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according to a recent study, the fiscal cliff gridlock in washington has taken a tol. a new survey by the conference board shows levels in the first half of december falling to the lowest level since august. an unexpectedly sharp decline. the survey indicates that consumer anxiety stems from worries about the fiscal future and not from the current state of the economic. >> that's completely true. if you look at a lot of economic indicators they're good. the housing market is stabilizes and unemployment is ticks down. companies that have a lot of cash on balance sheets, but this december drop in can confidence, it's hard to think about what this would be about, if not the cliff. >> it's what you said. if you noted you may face thousands of dollars in increases if you're a married couple in taxes, if you're existing on unemployment insurance that may not be there in january, why would you go on a shoppi ping spree or shopping all if you can avoid it? people keep saying, well, it won't be that bad for long. that's according to how long you have money. if you're middle cla
according to a recent study, the fiscal cliff gridlock in washington has taken a tol. a new survey by the conference board shows levels in the first half of december falling to the lowest level since august. an unexpectedly sharp decline. the survey indicates that consumer anxiety stems from worries about the fiscal future and not from the current state of the economic. >> that's completely true. if you look at a lot of economic indicators they're good. the housing market is stabilizes...